Excerpt from Indian Trade and Bullion Import in the Eighteenth Century
The broad features of the eighteenth century trade are, however, clear enough. The net bullion imports into India during the eighteenth Century were not above fifty millions sterling that is the sum Which India pocketed and put past; since the nineteenth century began India has put away, it is to be hoped in safe custody, about four hundred and fifty millions sterling. I admit that is not a very large sum per head of the population, but the contrast between the periods before and after, since England in 1803 became the rul ing po'wer, is marvellous and should encourage all those who are zealous for the people's good and for peaceful progress under a sway which now at any rate is benign; Since the above was printed, Sir Edward Law and His Excellency have referred to this subject in the Budget speeches.
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Excerpt from Indian Trade and Bullion Import in the Eighteenth Century
The broad features of the eighteenth century trade are, however, clear enough. The net bullion imports into India during the eighteenth Century were not above fifty millions sterling that is the sum Which India pocketed and put past; since the nineteenth century began India has put away, it is to be hoped in safe custody, about four hundred and fifty millions sterling. I admit that is not a very large sum per head of the population, but the contrast between the periods before and after, since England in 1803 became the rul ing po'wer, is marvellous and should encourage all those who are zealous for the people's good and for peaceful progress under a sway which now at any rate is benign; Since the above was printed, Sir Edward Law and His Excellency have referred to this subject in the Budget speeches.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Excerpt from Indian Trade and Bullion Import in the Eighteenth Century
This little pamphlet is simply a chapter from my forthcoming work on the Wealth of India, and I bring it out not because it is complete, but because much more is required in order to give a satisfactory account of the very fitful economic progress of India during the eighteenth century. One at any rate of my authorities, Raynal's Statistical Atlas published in 1770, has apparently never been seen by any historian of India j no copy of Raynal which I have ever seen, there are several in Calcutta libraries, contains this atlas, which supplies from official sources the statistics of the three Companies - English, French and Dutch, from the earliest date.
Milburn published two ponderous tomes full of trade statistics, jumbled up in the greatest confusion - India and China sometimes separate, sometimes united, the facts for different periods for the same trade scattered over the two volumes; there is nowhere continuity of treatment for India nor any solidarity of principle. Sometimes a trade is given under a geographical heading, such as Calcutta or Canton, sometimes under a subject heading like tea or piecegoods: bewildering confusion is the result. Mill depended for his account of the trade mainly on Milburn, and, as a result, his treatment is fragmentary and imperfect.
Montgomery Martin in his "Colonies of the British Empire" gives figures which are probably reliable from 1802, but which are apparently erroneous for the period with which I am dealing. Whitworth's tables which Mill quotes are reproduced in Raynal, but I think imperfectly. In fact this little brochure is intended to show the defects of my work and to elicit help from others.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Paperback. Zustand: New. Print on Demand. This book examines the economic prosperity of India during the 18th century, a period marked by substantial international trade and bullion imports into the country. The author challenges prevailing narratives that depict India as perpetually drained of wealth, meticulously analyzing official records and statistics to reveal a different picture. The book delves into the dynamics of global trade, exploring the roles of major trading companies and their impact on India's economic landscape. It sheds light on the flow of goods and bullion, the balance of trade, and the overall economic growth experienced during this era. By presenting a nuanced understanding of India's economic history, the book challenges simplistic and misleading interpretations, offering valuable insights into the intricacies of international trade and its impact on a nation's prosperity. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781330594452_0
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330594452
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330594452
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